The paperwork is a bit weird. Can’t figure out the calc. Basically I got Costco/first responder/lease cash, 16 percent off, decreased residual for 3000 miles, and put full MSDs. The weird thing is my drive offs were too low to make use of the 1500 dollar first responder discount so he took it off the MSDs due at signing but I still get back the full MSDs at the end of the lease. Since the cars already registered in California there’s only $144 in taxes and fees at signing.) So on the calc, the total lease cost is dead on, but on my lease I actually pay 383 per month (413 inc tax) but get back 1500 dollars more in MSDs than what they collected from me today. From the contract: MSDS 4500, first payment 413, fees 144, rebates $1500, amount due in cash $3558.
Include as much information as possible in your post, and even a celebratory picture.
I wouldn’t say”nicely” equipped. But it’s equipped:). Just has the wheels, metallic paint, navigation and heated rear seats. Could be missing something insignificant but basically that’s it. On any of these cars if you want a low payment you can’t get the tricked out version (in my experience.)
For 2020 XC90 loaners and demos should we target at least 15% off MSRP before incentives? So does the new car incentives also apply to demos/loaners such as lease cash and Costco correct? Will MF used be different or same since RV should be a bit different than brand new correct?
I believe it is like this example:
msrp 50k car with 61% residual would be $30,500 RV
50k car with 61% residual and 5k demo miles would be 30,500 -0.20*5000 = 29,500 RV